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WASHINGTON, D.C. – Since the start of his presidency, President Donald Trump and his administration have talked about getting manufacturing companies to come back to the United States, a process known as reshoring.Now, with unemployment at a historic high, another 1.5 million people filing jobless claims last week and still 19.5 million continued claims or people unemployed, the idea of reshoring is being revisited by Congress.Some on Capitol Hill are proposing reshoring incentives for companies in the next stimulus package.“There are a lot of potential ways that the administration and Congress could come up with tax subsidies and tax breaks for companies that produces here,” said Ed Yardeni, an economist and the president of Yardeni Research.While believes there could be some jobs created by companies reshoring in the U.S., it’s hard to say how many. That’s partly because, many companies that would consider reshoring would also consider using artificial intelligence at their production plants.“Clearly bringing back jobs would be great, but I don’t think we go back to the 70s and 80s, where we had a lot more people employed,” Yardeni added. “I would think that if you are reshoring and bring production back to the U.S., you are going to use state of the art technology to do that, so I’m not sure it is going to be a huge win-win in terms of jobs.”Experts, including Yardeni, believe companies that would most likely consider reshoring would be those in the pharmaceutical and technology sector. Their reason for the move is likely less for job creation and more because of national security concerns.Either way, the way to get more jobs out of reshoring may be by doing more than just incentivizing companies to come back to the U.S.“Maybe what we need is to combine reshoring with really focusing on reeducating a lot of the labor force so that they can manage the robots, build the robots, program the robots, as opposed to doing the job the robots are doing,” said Yardeni. 2004
WASHINGTON, D.C. – Louisiana is a state dealing with not one, but two multi-billion-dollar natural disasters within the span of six weeks: Hurricanes Laura and Delta.“This family had just moved in less than a week ago,” said Chuck Robichaux, mayor of the town of Rayne, Louisiana. “They’re just getting settled in, haven’t even put all their things in place, and they’re having to move out until we can get it repaired.”It’s a heartbreaking scenario playing out across the country this year.Up until Hurricane Delta, the National Oceanic and Atmospheric Administration said the country experienced 16 natural disasters this year, each with damages over a billion. Those included wildfires and droughts in the West, tornadoes, severe weather and flooding in the Midwest and hurricanes along the East and Gulf Coast.That number, 16, tied the record for the most billion-dollar disasters ever recorded in a single year, until Hurricane Delta broke the record with at least billion in damages.“The overall trend is one of an increasing number of billion-dollar disasters,” said Jeff Schlegelmilch, director of the National Center for Disaster Preparedness at Columbia University.He said there are two main reasons there have been more of these high-priced disasters.The first is climate change.“To deny climate change is to deny one of the critical drivers of these disasters,” Schlegelmilch said.The other reason, he said, comes down to where people choose to live. The population is growing, which is leading to more development in vulnerable areas, like in hurricane-susceptible coastlines and in wooded areas susceptible to wildfires.“Are we prepared to accommodate such large numbers of people in areas that are increasingly vulnerable to disasters?” Schlegelmilch said. “And, if not, what investments do we need to make in order to do that?”That might mean putting stricter building codes in place and rethinking disasters beyond just responding to them when they happen, the way FEMA and states do now.“It's not just about responding to the disaster, it's about preventing it, it's about mitigating it,” Schlegelmilch said. “So, looking at this more holistically, I don't think we yet have a great model for doing this federally or at the states or at the community level.”It’s more than just about the numbers, though, when it comes to billion-dollar disasters. There is a tremendous personal cost, too.“What we don't really capture as accurately within those numbers are the loss of lives, the loss of livelihoods and the communities that can actually be held back for a generation or more,” Schlegelmilch said.That leaves impacts felt both now and potentially by generations that follow. 2707
WASHINGTON (AP) - The nation's capital embraced George H.W. Bush in death Monday with solemn ceremony and high tributes to his service and decency, as the remains of the 41st president took their place in the Capitol rotunda for three days of mourning and praise by the political elite and everyday citizens alike.With Bush's casket atop the Lincoln Catafalque, first used for Abraham Lincoln's 1865 funeral, dignitaries came forward to honor the Texan whose efforts for his country extended three quarters of a century from World War II through his final years as an advocate for volunteerism and relief for people displaced by natural disaster.President from 1989 to 1993, Bush died Friday at age 94.In an invocation opening Monday evening's ceremony, the U.S. House chaplain, the Rev. Patrick J Conroy, praised Bush's commitment to public service, from Navy pilot to congressman, U.N. ambassador, envoy to China and then CIA director before being elected vice president and then president."Here lies a great man," said Rep. Paul Ryan, the House speaker, and "a gentle soul. ... His legacy is grace perfected."Vice President Mike Pence and Republican Senate leader Mitch McConnell also spoke.But political combatants set aside their fights to honor a Republican who led in a less toxic time and at times found commonality with Democrats despite sharp policy disagreements. Democratic Rep. Nancy Pelosi, past and incoming House speaker, exchanged a warm hug with George W. Bush and came away dabbing her face. Bush himself seemed to be holding back tears.Pelosi and Chuck Schumer, the Senate Democratic leader, placed wreaths in the short ceremony before the rotunda was to be opened to the public. It was to remain open overnight.Sent off from Texas with a 21-gun salute, Bush's casket was carried to Joint Base Andrews outside the capital city aboard an aircraft that often serves as Air Force One and designated "Special Air Mission 41" in honor of Bush's place on the chronological list of presidents.Cannon roared again outside the Capitol as the sun sank and his eldest son, former President George W. Bush, stood with his hand over his heart, watching the casket's procession up the steps.Bush was remembered just feet away from what he called "Democracy's front porch," the west-facing steps of the Capitol where he was sworn in as president.He will lie in state in the Capitol for public visitation through Wednesday. An invitation-only funeral service is set for Wednesday at Washington National Cathedral. President Donald Trump and first lady Melania Trump are to attend.Although Bush's funeral services are suffused with the flourishes accorded presidents, by his choice they will not include a formal funeral procession through downtown Washington.The younger President Bush, his wife, Laura, and others from the family traveled on the flight from Houston.On Sunday, students, staff and visitors had flocked to Bush's presidential library on the campus of Texas A&M University, with thousands of mourners paying their respects at a weekend candlelight vigil at a nearby pond and others contributing to growing flower memorials at Bush statues at both the library and a park in downtown Houston."I think he was one of the kindest, most generous men," said Marge Frazier, who visited the downtown statue on Sunday while showing friends from California around.After services in Washington, Bush will be returned to Houston to lie in repose at St. Martin's Episcopal Church before burial Thursday at his family plot on the library grounds. His final resting place will be alongside Barbara Bush, his wife of 73 years who died in April, and Robin Bush, the daughter they lost to leukemia in 1953 at age 3.Trump has ordered the federal government closed Wednesday for a national day of mourning. Flags on public buildings are flying at half-staff for 30 days out of respect for Bush.Trump, who has not always uttered kind words about the Bush family, offered nothing but praise in the hours after the former president's death was announced."He was just a high-quality man who truly loved his family," Trump said Saturday while in Argentina. "One thing that came through loud and clear, he was very proud of his family and very much loved his family. So he was a terrific guy and he'll be missed."Bush's passing puts him back in the Washington spotlight after more than two decades living the relatively low-key life of a former president. His death also reduces membership in the ex-presidents' club to four: Jimmy Carter, Bill Clinton, George W. Bush and Barack Obama.One of Bush's major achievements was assembling the international military coalition that liberated the tiny, oil-rich nation of Kuwait from invading neighbor Iraq in 1991. The war lasted just 100 hours. He also presided over the end of the Cold War between the United States and the former Soviet Union.A humble hero of World War II, Bush was just 20 when he survived being shot down during a bombing run over a Japanese island. He had joined the Navy when he turned 18.Shortly before leaving the service, he married his 19-year-old sweetheart, Barbara Pierce, and forged the longest presidential marriage in U.S. history. Bush enrolled at Yale University after military service, becoming a scholar-athlete and captaining the baseball team to two College World Series before graduating Phi Beta Kappa after just 2? years.After moving to Texas to work in the oil business, Bush turned his attention to politics in the 1960s. He was elected to the first of two terms in Congress in 1967. He would go on to serve as ambassador to the United Nations and China, head of the CIA and chairman of the Republican National Committee before being elected to two terms as Ronald Reagan's vice president.Soon after he reached the height of his political popularity following the liberation of Kuwait, with public approval ratings that are the envy of today's politicians, the U.S. economy began to sour and voters began to believe that Bush, never a great communicator — something even he acknowledged — was out of touch with ordinary people.He was denied a second term by Arkansas Gov. Clinton, who would later become a close friend. The pair worked together to raise tens of millions of dollars for victims of a 2004 Indian Ocean tsunami and of Hurricane Katrina, which swamped New Orleans and the Gulf Coast in 2005."Who would have thought that I would be working with Bill Clinton of all people?" he joked in 2005.In a recent essay, Clinton declared of Bush: "I just loved him."___Associated Press writers Juan A.Lozano and Nomaan Marchant reported from Houston. 6644
WASHINGTON, D.C. – In small to large protests, Americans from coast to coast are exercising their right to free expression. In some cases, though, protests that started out peaceful have turned violent.“Injured three people, cuts and bruises,” said Mat Davis, a protester in Indianapolis, who saw a vehicle strike several protesters. “It was bad.”In Michigan, Bailee Majeske experienced a protest get out of hand.“There was a lot of rioting, just cars parked in the street were getting smashed,” she said, “and then there was a brick thrown at my head and my friend was stabbed.”So, what happens if you are injured during civil unrest? Getting medical attention is a first priority but knowing exactly what your health insurance covers is key.“You'd need to know what is in the policy - what is covered and especially what is not covered,” said Ray Farmer, who heads up the National Association of Insurance Commissioners (NAIC). “If a protest happens to turn violent and include some rioting, I think that would be extremely difficult for an insurance company to prove that those injuries occurred due to an excluded act, even if the policy had such a provision.”Some policies, though, do have exclusions, like if you take part in “illegal acts” or participate in “civil unrest.” How that’s specifically defined would be up to an insurer, but it could range from vandalism and property damage to violating a community’s established curfew, or failing to leave an area if police order you to do so.However, Farmer says there are some things a consumer should be aware of, in the event they are denied coverage for the treatment of injuries sustained during civil unrest. One – ask the insurance company to point out the specific language being used to deny a claim, and two – reach out to your state’s department of insurance for help navigating the process.“That's our job is to regulate the insurance industry, but more importantly to protect consumers,” he said.While Farmer said there are no reports of protesters’ claims being denied so far, before it even gets to that point, it’s important understand the details in your health insurance coverage.“You certainly don't want any surprises,” he said.As for those who have been caught by surprise, there’s some advice from them, as well.“If you notice there are riots breaking out, it may be time to go home and support from a distance,” Majeske said.For more information on your state’s Department of Insurance, click here. 2485
We have increasingly been hearing about security and privacy problems with smart devices that are connected to the internet. All of these devices, from doorbells to thermostats, could one day have what's almost like a nutrition label on them.The label would tell you about the security and privacy features of the device.Researchers from Carnegie Mellon University came up with the design for what the label could look like.The researchers want to have the label on the packaging and the website. They expect there would still be impulse buys where you would disregard the label, but it would help in other situations.“When they're making a more considered purchase for their home or if they're giving it as a gift to some else or if it's something that's more sensitive, I’m not just buying a light bulb, but I'm buying something that's health-related or something that has a video camera attached to it and I want to know where that video data is going, then I expect people will pay attention,” said Lorrie Cranor, Director of CyLab.Cranor, one of researchers who has been working on this, says the biggest obstacle right now is getting companies to buy in.She says to really have widespread adoption, there needs to be regulation that requires it. A number of pieces of regulation in Congress have mentioned the idea of a label, but none of them have advanced.She says having marketplaces require it would help as well.“You want your item to be sold in Best Buy or on Amazon or whatever, you have to have this label or we're going to feature the products that have this label,” said Cranor.This proposed label is for when you're buying a smart device, but there's already a recently created tool to find out about the smart cameras or location trackers you didn't buy that you may encounter around the city.The IoT Assistant app will notify you how your data is being collected by those devices. You can download it for free in the App Store or Google Play. 1969